15617 TN-111 - Retail FOR SALE


Spencer, TN 38585
$440,000 USD
423-605-8026
15617 TN-111, Spencer, TN for Sale
$440,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

15617 TN-111
Spencer, TN 38585


HIGHLIGHTS

  • Income-producing property with a long-standing national franchise tenant in place.
  • Easily accessible site with strong frontage on TN-111, a primary route in Spencer, TN.
  • Large parking lot improving customer convenience and operational efficiency.
  • Located in an Opportunity Zone, offering potential tax incentives for qualified investments.
  • Ample surrounding land flexibility for future development or expansion opportunities.

OVERVIEW

This well-maintained commercial property offers an excellent investment opportunity with strong visibility and easy access. Situated on a spacious lot, the property features a large gravel parking area, providing ample space for customer traffic, delivery vehicles, and future expansion. The main building is currently occupied by a nationally recognized tenant, Subway, offering immediate income potential and brand recognition. The structure is a durable, low-maintenance metal building with a clean, professional storefront and functional layout. Behind the main building, you’ll find additional utility space and infrastructure, ideal for operational support or potential upgrades. The surrounding area is open and easily accessible, making it suitable for a variety of commercial uses.

FOR SALE DETAILS

PRICE

$440,000 USD

PRICE/SF

$255 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Subway

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

023O A 03300000

ASK ABOUT THIS PROPERTY

Pamela BrownCENTURY 21 Professional GroupMore Info
423-605-8026

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Pamela BrownCENTURY 21 Professional GroupMore Info
423-605-8026

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.